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Brussels picks CORE LNGas to promote LNG as transport fuel

CORE LNGas brings together 42 partners in Spain and Portugal, led by the Spanish state-owned ports body Puertos del Estado and co-ordinated by energy company Enagas. The partners include eight state-owned bodies, 13 port authorities and 21 industrial companies including LNG suppliers, shipbuilders and owners and the classification society Bureau Veritas.

The initiative is part of the 2014 Connect Europe Facility (CEF) transport call, which falls under the Trans-European Transport Networks initiative. Brussels has pledged €16.5 million (US$23.9 million) to CORE LNGas, bringing total project investment to €33 million.

The project aims to put forward a national policy framework for use of LNG as marine fuel in Spain by 2020, based on 20 studies that will look at infrastructure, logistics and commercial barriers to developing small-scale supplies and LNG bunkering.

Enagas said: “With eight regasification plants, the Iberian Peninsula is geo-strategically located and has key gas infrastructure with which to consolidate its position as the European leader in the field of LNG.”